DAYTON POWER & LIGHT CO: debt financing — AES Ohio issues $375M 4.55% First Mortgage Bonds due 2030 to repay term loan and revolver

DAYTON POWER & LIGHT CO

Issued $375M aggregate principal of 4.550% First Mortgage Bonds due August 15, 2030.
Interest payable semi-annually on Feb 15 and Aug 15, starting Feb 15, 2026.
Net proceeds to repay $150M term loan and amounts outstanding under revolving credit; remainder for general corporate purposes.
Bonds secured by first mortgage lien on substantially all of AES Ohio's property.
Issued under Fifty-Sixth Supplemental Indenture to 1935 First and Refunding Mortgage.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DAYTON POWER & LIGHT CO incurred senior notes of $375 million with The Bank of New York Mellon Trust Company, N.A. at 4.550% maturing August 15, 2030.

Instrument: senior notes
Principal: $375 million
Counterparty: The Bank of New York Mellon Trust Company, N.A.
Rate: 4.550%
Maturity: August 15, 2030
Event: incurrence

Exact text from the filing

completed its previously announced sale of $375 million aggregate principal amount of 4.550% First Mortgage Bonds due 2030

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Source: SEC EDGAR

accession 0000950103-25-010464

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